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Link acts for First Tek on $3m Zensar sale

Digital solutions firm Zensar Technologies said that it has entered into an agreement with Lorhan IT Services, a wholly-owned subsidiary of First Tek, to divest its Australia, the Middle East and India-based businesses. This is in line with the company’s decision to focus on and invest in the core markets of the US, Europe and South Africa.
The Economic Times

Link Legal India Law Services advised First Tek Services Private Limited led by a team of partner K Venkat Satyanarayana; associate partner Apurbalal Mallik, associate Rashmi Memon, associate Lipika Ahuja.

Deal value: Approx. Rs. 20,88,00,000 (US$ 3 million)

2019-01-23

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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